Panambi

Overview In February 2024 Panambi exported $3.76M and imported $2.55M, resulting in a positive trade balance of $1.21M. Between February 2023 and February 2024 the exports of Panambi have increased by $1.48M (64.6%) from $2.29M to $3.76M, while imports increased by $1.19M (87.4%) from $1.36M to $2.55M.

Trade In February 2024, the top exports of Panambi were Lifting Machinery ($1.05M), Machinery Having Individual Functions ($879k), Other Heating Machinery ($475k), Motor vehicles; parts and accessories (8701... ($452k), and Iron Structures ($300k). In February 2024 the top imports of Panambi were Coated Flat-Rolled Iron ($1.1M), Rubber Belting ($327k), Excavation Machinery ($262k), Iron Fasteners ($250k), and Transmissions ($195k).

Destinations In February 2024, Panambi exported mostly to Venezuela ($1.51M), Paraguay ($1.09M), Argentina ($295k), France ($240k), and Colombia ($180k), and imported mostly from China ($1.43M), South Korea ($556k), Germany ($216k), Spain ($173k), and United States ($136k).

Growth In February 2024, the increase in Panambi's year-by-year exports was explained primarily by an increase in exports to Colombia ($401k or 3.9k%), Paraguay ($332k or 164%), and Mexico ($220k or 1.74k%), and product exports increase in Lifting Machinery ($1.17M or 547%), Motor vehicles; parts and accessories (8701... ($615k or 354%), and Machinery Having Individual Functions ($283k or 70.3%). In February 2024, the increase in Panambi's year-by-year imports was explained primarily by an increase in imports from China ($777k or 39.3%), Germany ($122k or 54.2%), and Argentina ($64k or 26.7k%), and product imports increase in Electric Soldering Equipment ($239k or 342%), Motor vehicles; parts and accessories (8701... ($63.4k or 184%), and Excavation Machinery ($63.3k or 31.7%).